Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.
Fundraising for PE & VC Funds
Banner Ridge Partners
$2.15B
Secondary fund
Clearhaven Partners
$580M
Second fund
Exponent Founders Capital
$75M
Debut fund
NewSpring
$180M
Fourth fund
Red Cell Partners
$91M
Debut fund
West Street Life Sciences
$650M
First life sciences-focused growth equity fund
Private Equity Deals
Renovus Capital Partners
Behavioral Framework
Undisclosed amount
Rockville, MD-based applied behavior analysis therapy provider for children with autism
KKR
Global Atlantic
$2.7B
New York, NY-based insurer
Whistler Capital Partners
Heart + Paw
Undisclosed amount
Berwyn, PA-based veterinary and pet care company
Summit Park
Michelli Weighing & Measurement
Undisclosed amount
Elmwood, LA-based test and measurement business
Blackstone Infrastructure Partners
NIPSCO
Undisclosed amount
Merrillville, IN-based electricity and gas distributor
Fourshore Partners
Power Funding
Undisclosed amount
Tyler, TX-based provider of working capital to the oil & gas and trucking industries.
Golden Gate Capital
Virginia Green
Undisclosed amount
Richmond, VA-based lawn care provider
Monomoy Capital Partners
Waupaca Foundry
Undisclosed amount
Waupaca, WI-based supplier of cast and machined iron castings
AUA Private Equity Partners
Weaver Popcorn Manufacturing
Undisclosed amount
Whitestown, IN-based maker of popcorn and snacking products
Venture Capital Deals
Evolution Equity Partners, Insight Partners, Lightspeed Venture Partners, and StepStone Group
Aqua Security
$60M
Boston, MA and Israel-based cybersecurity company focused on cloud-native services.
The Space Between, Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, Fearless Ventures, Andreessen Horowitz, and General Catalyst
Devoted Health
$175M
Waltham, MA-based health insurtech focused on Medicare Advantage
Alpha Wave Ventures, Arch Venture Partners, Future Ventures, GV, Khosla Ventures, and YK Bioventures
Moonwalk Biosciences
$57M
San Francisco, CA-based developer of precision epigenetic medicines
Cathay Innovation and Zebox Ventures
Nabla
$24M
Boston, MA-based ambient AI assistant for practitioners
IVP, NEA, Databricks Ventures, Nvidia, Jeff Bezos, Elad Gil, Nat Friedman, and Tobi Lutke
Perplexity AI
$70M
San Francisco, CA-based developer of AI-powered search.
Frazier Life Sciences, 5AM Ventures, DCVC Bio, Crinetics Pharmaceuticals, and GordonMD Global Investments
Radionetics Oncology
$52.5M
San Diego, CA-based developer of radiopharmaceutical for treating cancer
The Column Group, WTT Investment, Willett Advisors, Atlas Venture, Foresite Capital, Alexandria Venture Investments, Arch Venture Partners, Casdin Capital, and Surveyor Capital
Remix Therapeutics
$60M
Cambridge, MA-based developer of small molecule therapies to modulate RNA processing
Lightspeed Venture Partners, Fin Capital, Primary Venture Partners, FinTech Collective, Blue Owl, and HarbourVest
Vestwell
$125M
New York, NY-based workplace savings platform